Key facts
- This page summarizes Michael A. Widmann's Form 4 filing for SolarWinds Corp (SWI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 02 Jun 2021, 16:44.
Michael A. Widmann - 28 May 2021 Form 4 Insider Report for SolarWinds Corp (SWI)
- Reporting relationship
- Director
- Issuer ticker
- SWI
- Reported as of
- 28 May 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 02 Jun 2021, 16:44:12 UTC
- Next SEC filing
- 26 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael A. Widmann
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael A. Widmann filed Form 4 for SolarWinds Corp (SWI) on 02 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SWI
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +15,333
- Change %
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 May 2021
- Ownership
- Direct
- Footnotes
- F1, F3
SWI
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +12,688
- Change %
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 May 2021
- Ownership
- Direct
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents 15,333 restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program (the "Director Compensation Program"). These restricted stock units vest one-half on each of October 23, 2021 and October 23, 2022, subject to the director's continued service through the vesting dates. On May 28, 2021, Michael Bingle, an executive of SLG, did not stand for re-election to the Issuer's board of directors. This grant to Mr. Widmann represents the unvested portion of the grant made to Mr. Bingle under the Issuer's Director Compensation Program at the time of the Issuer's initial public offering and such grant vests on the same terms as the grant made to Mr. Bingle, the unvested portion of which was forfeited by Mr. Bingle when he left the board of directors.
Footnote F2
Represents 12,688 restricted stock units awarded to Michael Widmann pursuant to the annual equity grant under the Issuer's non-employee director compensation policy that entitles the holder to receive one share of the Issuer's common stock per restricted unit upon vesting. The restricted stock units vest 100% on the one-year anniversary of the grant date, subject to the director's continued service through such date.
Footnote F3
Mr. Widmann is a Director at Silver Lake Group, L.L.C. and is a member of the board of directors of the Issuer. These securities are held by Mr. Widmann for the benefit of Silver Lake Group, L.L.C. and/or certain of its affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners. Mr. Widmann disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.